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Altair Engineering has signed an MoU with CAAR to develop e-mobility, autonomous, and sustainable vehicle solutions.
Date: January 4, 2025
Bangalore - Altair Engineering Inc., a software company, has signed an MoU with the Centre of Excellence in Advanced Automotive Research (CAAR) to develop solutions for e-mobility, autonomous systems, and sustainable vehicles, aiming to shorten product development timelines.
Mr. Vishwanath Rao, Country manager of Altair India, said, “Our collaboration with CAAR and IIT Madras is poised to drive innovation in the automotive sector.”
Mr. Thiru Srinivasan, CEO of CAAR, said, “Our partnership with Altair marks a significant step in our mission to speed up the process of taking innovative concepts from academic research towards industry-ready technologies. This partnership will also help further develop Altair’s software tools for use in the rapid development of high-value automotive products.”
The primary aim of this partnership is to leverage CAAR's expertise in advanced automotive research alongside Altair’s world-class simulation and design capabilities. Together, they plan to create solutions that will drive the next generation of electric vehicles, enhance autonomy features, and push the boundaries of sustainability within the automotive sector.
By combining Altair's advanced engineering expertise with CAAR's research capabilities, the partnership aims to accelerate the development of next-generation vehicles, reducing product development timelines. This initiative is expected to pave the way for more efficient, eco-friendly, and technologically advanced automotive solutions, supporting the industry's transition to greener, smarter transportation systems.